`Exchange rate to be determined by capital flows`

The country`s Current Account Deficit hit a record high of 6.7% of GDP in Q4 2012

• Govt to issue clarifications in FDI policy: Sharma
• CAD to worsen in Q2 after improving in Jan-Mar qtr: Nomura

Experts on RBI panel were for status-quo in rates

RBI may wait for at least one quarter to gauge the evolving macroeconomic situation.

• SBI to invest in high quality stocks only: Chaudhuri
• Canara Bank to raise up to $1 bn from overseas mkt next week

BBK-Geojit Securities form JV in Kuwait

Geojit BNP Paribas has an extensive presence in the Middle East region.

• Fortis to get A$270.38 mn for stake sale in Dental Corporation
• Etienne Benet to take over as Nestle India Managing Director

Gaursons buys 300 acre from Jaypeeda

Gaur plans to construct about 15,000 apartments in affordable segment.

• Sundaram Home Finance launches online services
• DLF's institutional placement fetches over Rs 1,863 cr

EU regulators seek tax transparency from companies

Corporate giants in Eu might have to publicly report profits.

• South Asian rights group concerned over US immigration bill
• China's manufacturing activity hits 7-month low: HSBC

Google in talks to buy Waze for $1 bn: Report

The four-year-old company has 47 million users.

• Google wants rational tax system following criticism
• Trai to take tough steps to curb pesky calls: Khullar